Aalto University School of Economics
| Aalto University School of Economics | |
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| Aalto-yliopiston kauppakorkeakoulu Aalto-universitetets handelshögskola |
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| Established | 1911 |
| Dean | Professor Jyrki Wallenius |
| Admin. staff | over 500 |
| Students | 3,517 (2009) |
| Location | Helsinki,  Finland |
| Campus | Urban, Inner City |
| Affiliations | AACSB, AMBA, EQUIS, CEMS |
| Website | econ.aalto.fi/en |
The Aalto University School of Economics (Aalto ECON, Finnish: Aalto-yliopiston kauppakorkeakoulu; Swedish: Aalto-universitets handelshögskola), known as Helsinki School of Economics (HSE) until 2009, is the largest and leading business school in Finland and one of the most renowned in Europe (refer to Rankings and Accreditations for details). Founded in 1911, it is the oldest business school in Finland and one of the oldest business schools in the Nordic countries. The school became part of Aalto University as of 1 January 2010.
Consisting of about 3,500 students and 500 researchers, the Aalto University School of Economics is an innovative and lively community conducting high-quality research with close relations with the business community.
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[edit] History
The Aalto University School of Economics was established in Helsinki in 1904 by the business community and was given the status of a university in 1911. It operated as a private university until 1974, when the state of Finland was given the financial responsibility of the university. Nevertheless, the school has remained autonomous in its administration and internal affairs. Since the foundation in 1911, 23,000 students have graduated from different programs.
[edit] Rankings & Accreditations
The Aalto University School of Economics has been accredited by all three major international organizations that certify business schools (AACSB, AMBA, EQUIS), a “triple-crown” accreditation possessed by only 40 other universities in the world. The school is also an active member of the CEMS (Global Alliance in Management Education) and PIM (Partnership in International Management), a consortium of 54 leading business schools worldwide.
In 2009, Financial Times ranked the CEMS program the No. 1 Masters in Management program in the world.[1] The Aalto University School of Economics is an active member of this joint program. Furthermore, the 2009 Eduniversal Global Business School Rankings ranked the Helsinki School of Economics the 9th best business school in the world.[2] Financial Times ranked Aalto University School of Economics 19th in European Business school rankings in 2010.
[edit] Degrees and Programs
The Aalto University School of Economics offers a comprehensive range of university degrees in economics and business administration at the Bachelor, Master, Licentiate and Doctoral levels, along with MBA programs targeted to business professionals. Although the main teaching language of the university is Finnish, several of these degrees and programs are offered entirely in English.[3]
In its degree programs, the school has a two-step program structure with a three-year Bachelors degree followed by a two-year Masters degree. A doctoral degree normally takes four additional years.
The Aalto University School of Economics has two campuses. The main campus is located in the center of Helsinki. At this campus, the school offers five Bachelor of Science Programs (out of which two are offered entirely in English) and 15 Master of Science Programs, including the European joint degree CEMS MIM and three joint programs organized between Aalto schools. Nine out of the 15 Master of Science Programs are offered entirely in English. New students start by studying towards the BSc in Economics and Business Administration degree and on completion, are eligible to continue to study for the Master’s degree.
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Main building in Töölö
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Chydenia building
The Mikkeli campus is located 230 km away from Helsinki in Mikkeli and offers an English language Bachelor’s program in International Business (BScBA).
[edit] MBA Programs
MBA and Executive MBA programs are offered in Helsinki, China, Singapore, South Korea, Taiwan and Poland and have tuition fees, unlike the degree programs. The MBA program is taught through two-week modules by visiting faculty from some of the best business schools in the world, including Emory University, Rutgers Business School, University of South Carolina, Georgetown University, UCLA, Concordia University, Queen’s University, Rotterdam School of Management, Erasmus University, Indiana University, ESADE and INSEAD.[4][5]
[edit] Admissions
Each year, around 400 students, from a pool of about 4500 applicants, are admitted into the BSc/MSc degree Program. Admissions are based mainly on an admissions test (in Finnish) and the nationwide matriculation examination. Non-Finnish speakers and international students have the opportunity to gain admission through the SAT (Scholastic Admissions Test) conducted in English.[6]
[edit] Partner Universities
The Aalto University School of Economics has exchange partnerships with over 100 universities in five different continents. Each year, over 200 students go abroad on their exchange and the school welcomes over 200 incoming exchange students. Partner schools include, among others, Manchester Business School in the UK, Queen's University in Canada, National Chengchi University College of Commerce in Taiwan, Yonsei University in South Korea, Sophia University in Japan, San Diego State University, the University of Texas in the US and ESCP Europe in France. In the CEMS network, partner schools include HEC Paris, ESADE in Spain, the London School of Economics and Universität St. Gallen.
[edit] CEMS Master's in International Management
The CEMS is a strategic alliance of 25 member schools around the world – each a top school of its country – and 57 prestigious corporate partners.[7]
The CEMS Master's in International Management provides a unique blend of top-level education and professional experience for multilingual, multicultural postgraduate students. The CEMS Corporate Partners of Aalto University School of Economics are Kone, Nokia and Stora Enso.
The students at the Aalto University School of Economics have the opportunity to take the CEMS MIM program in addition to their MSc degree program at Aalto ECON. CEMS MIM is a one year's specialization program in international management. The CEMS MIM curriculum has been jointly designed by CEMS Schools and the Corporate Partners. At graduation, CEMS students at Aalto ECON receive both MSc degree certificate and CEMS MIM certificate. CEMS MIM has a high recognition among the corporate sector. In 2009, CEMS MIM was ranked 1st by the Financial Times among Masters in Management programs.
[edit] Notable alumni
The Aalto School of Economics and its predecessor the Helsinki School of Economics has provided the Finnish markets with much of the management that has grown local Finnish companies into international actors. The school has also provided a platform for academic research in economy for a learge number of merited Finnish scholars.
[edit] References
- ^ http://rankings.ft.com/businessschoolrankings/masters-in-management
- ^ "HSE ranked 9th in the world by Eduniversal ranking". Aalto University School of Economics. 2009-11-12. http://www.hse.fi/EN/news/education/news11112009.htm. Retrieved 2010-09-08.
- ^ http://studies.aalto.fi/en/programs/
- ^ http://www.hseee.fi
- ^ http://www.hse.fi/EN/education/msc/programs/
- ^ http://www.hse.fi/EN/education/admission/
- ^ http://www.cems.org/general/programme/about_cems_mim.htm
[edit] External links
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Wikimedia Commons has media related to: Aalto University School of Economics |
- Aalto University School of Economics Official Site
- KY – The Association of Economics Students in Helsinki
- International Business program in Mikkeli
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Coordinates: 60°10′19″N 024°55′22″E / 60.17194°N 24.92278°E
